Did you know that …
Without proper planning, a serious accident or illness could rob you of your financial independence. Whether purchased for yourself, your spouse or for an aging parent, long-term care insurance can help protect assets accumulated over a lifetime from the ravages of long-term care costs.
Long Term Care insurance provides coverage when you and your dependents are no longer able to perform everyday tasks due to chronic illness, injury, disability or the aging process. Coverage is also offered for those who are suffering from a severe cognitive complaint, such as Alzheimer’s disease.
Long-term care insurance typically covers home care, assisted living, adult daycare, respite care, hospice care, nursing home and Alzheimer’s facilities. Home care coverage usually pays for a visiting or live-in caregiver, companion, housekeeper, therapist or private duty nurse up to seven days a week, 24 hours a day (up to the policy benefit maximum).
For a free phone consultation, click on this link, complete the form and one of our Professional Estate Planning Consultants will contact you.